SP500 Opening Range Pro

SP500 Opening Range Pro – MetaTrader 5 Expert Advisor

SP500 Opening Range Pro is an automated trading system for MetaTrader 5 designed to trade the S&P 500 index during the New York session using Opening Range logic.

The Expert Advisor combines breakout and pullback trading models with technical filters based on volatility and trend conditions. The system includes integrated risk management and configurable operational parameters.

Main Features

  • Opening Range strategy focused on the New York session
  • Breakout and Pullback trading modes
  • ATR and RSI-based market filters
  • Automatic Stop Loss and Take Profit calculation
  • Dynamic position sizing based on risk percentage
  • Session filter and spread protection
  • Daily trade limitation and cooldown protection
  • Configurable risk/reward ratios
  • Compatible with MetaTrader 5 Strategy Tester

Trading Logic

The Expert Advisor identifies the initial market range during the opening session and evaluates potential breakout opportunities.

The system can also detect pullback setups aligned with the prevailing trend using EMA filters and momentum confirmation through RSI.

The strategy uses ATR-based calculations to adapt Stop Loss distances to current market volatility.

Technical Filters

The EA includes multiple built-in protections and filters:

  • EMA trend confirmation
  • RSI momentum validation
  • ATR volatility filter
  • Maximum spread filter
  • Trading session restriction
  • Maximum open positions control
  • Daily trade limits

These filters are designed to reduce low-quality trading conditions and improve operational consistency.

Configurable Parameters

Session Settings

  • Session start hour
  • Session end hour
  • Opening Range duration

Breakout Settings

  • Breakout buffer
  • ATR Stop Loss multiplier
  • Risk/Reward ratio
  • Opening Range Stop Loss option

Pullback Settings

  • EMA periods
  • ATR multiplier
  • RSI filters
  • Pullback confirmation settings

Risk Management

  • Risk percentage per trade
  • Maximum spread allowed
  • Maximum trades per day
  • Slippage control
  • Maximum simultaneous positions

Recommended Usage

  • Platform: MetaTrader 5
  • Recommended symbol: US500 / S&P 500
  • Recommended timeframe: M5
  • Recommended broker type: Low spread and fast execution

Users should verify broker server time settings before using the Expert Advisor.

Important Information

Trading financial markets involves risk and may not be suitable for all investors.

The performance of automated systems can vary depending on broker conditions, spreads, execution speed, volatility and market environment.

It is recommended to test the Expert Advisor on a demo account before using it on a live account.

Version Information

Current version includes:

  • Opening Range breakout logic
  • Pullback trading model
  • ATR and RSI filters
  • Dynamic risk management
  • Spread and session protection
  • Market compatibility improvements
  • MQL5 Market validation compliance
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Super Tenet is a powerful and intelligently designed Expert Advisor developed for traders who prefer stable automated execution on Gold markets. Built specifically for XAUUSD on the M1 timeframe, this system combines fast reaction speed with advanced internal trade management and adaptive market behavior. The EA has been optimized to work smoothly across different brokers and trading environments. Whether you use ECN, Standard, Raw Spread, or low-latency execution accounts, Super Tenet is design
Wall Street Robot MT5
MQL TOOLS SL
3.9 (20)
Wall Street Robot is a professional trading system developed exclusively for US stock indices, focused on S&P500 and Dow Jones. These markets are known for their high liquidity, structured movements and strong reaction to global economic flows, making them ideal for algorithmic trading strategies based on precision and discipline. By concentrating only on these indices, the system is able to adapt closely to their behavior, volatility patterns and intraday dynamics, instead of trying to operate
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DAX Quant Range MT5
Manuel De Huerta De La Cruz
DAX Quant Range MT5 is a fully automated Expert Advisor for MetaTrader 5 , specifically designed to trade the DAX index (GER40) during the European session , targeting institutional volatility at market open. The EA combines two professional trading strategies : Opening Range Breakout and EMA Pullback continuation , enhanced with volatility, momentum, and ATR-based risk management. This system is built for traders who value discipline, risk control, and consistency , avoiding aggressive or depen
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